Tyson's 4th-quarter profit soars

ABN Amro to cut U.S. jobs

Divine trims loss

Hollinger falters

May, whose stores include Lord & Taylor, said net income in the quarter ended Nov. 3 fell to $52 million, or 16 cents per diluted share, from $85 million, or 27 cents per diluted share, a year earlier. Before an extraordinary loss related to the early repayment of debt, third-quarter earnings were $55 million, or 17 cents per share.

Revenue fell to $3.20 billion from $3.33 billion a year ago. Sales at stores open at least a year fell 6.1 percent. Net retail sales fell 3.6 percent.

"They seem to have gotten inventories into a fairly decent position going into the fourth quarter," Jeff Stinson, retail analyst with Midwest Research, said. "But it's going to be a tough holiday season for all mall-based retailers."

Shares of May closed up 2 cents, at $34.72, on the NYSE.

- Chicago-based newspaper publisher Hollinger International Inc. said it recorded a third-quarter net loss of $139.6 million, or $1.37 per diluted share, compared with a net loss of $3.9 million, or 6 cents per share, a year earlier.

Hollinger attributed much of the deeper loss to several one-time items, including a loss on the sale of its 50 percent interest in Canada's National Post newspaper, which it launched three years ago; gains and losses on sales of investments; and write-offs of investments. It said the net loss from comparable operations was $12.6 million, or 13 cents per share, compared with $3.2 million, or 3 cents per share, a year earlier.

Revenue was $263.5 million, down from $517.4 million.

Revenue at the company's Chicago group, which includes the Chicago Sun-Times, rose to $110 million from $96.9 million due to the acquisition of Copley Press Inc. papers in the suburbs. Excluding acquisitions, Hollinger said revenue fell to $90.2 million from $96.8 million, with retail advertising and classified advertising declining.